-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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One of many problems with EV’s is range. If you are driving the new Ford pickup EV towing a mid size trailer your range can go from 320 miles maybe down to 90 miles then at least 45 minutes to charge.https://www.motortrend.com/reviews/ford-f150-lightning-electric-truck-towing-test/ Going across country would be faster with a horse and buggy. Next is where to charge if power goes out. The EV’s down in Florida now have nowhere to charge with millions without power. Generators could power gas stations if cars can get to them but you need the electrical grid to power the charging stations. Here is an… Read more »
I was just out in California visiting my sister. The struggle for them to find charging stations is a joke. Mostly have to drive to find one and then walk home. I also noticed all the labor workers driving F-150s hauling trailers. You think all these people will be able to afford EVs and then charge them while trying to get in a days work? The idiot representatives have no long term thought process or plan.
They’ve thought through the process. They know exactly what they are doing. The progressive is a death cult. YOU are the carbon they intend to reduce. They don’t expect you to work, they expect you to drive an EV scooter around town paying for it with UBI free money from the government. They fully intend to reduce your standard of living so they can keep theirs high. This is not a new concept – it’s call feudalism and it lasted for nearly a millennia in some form or another in the old world.